Allied Nevada Gold Corp ANV:CA announced drill results from its Hycroft Mine, west of Winnemucca, Nevada. Assays include 0.54 g/t gold and 60.6 g/t silver over 24 metres, 0.92 g/t gold and 20.5 g/t silver over 37 metres, 0.49 g/t gold and 49.8 g/t silver over 17 metres, and 0.73 g/t gold and 74.8 g/t silver over 40 metres.
VP Exploration Dave Flint commented, “We continue to see intervals of higher gold and silver grades in recent drilling in the North Brimstone area, compared with the average reserve grades currently being mined in the area. We expect these results will have a positive impact on the overall year-end oxide resource, which we expect to issue in February of 2011.”
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by Ted Niles